bitzizzix
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March 02, 2024, 02:07:33 AM |
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1. Don't bet all your money on one bet. 2. Bet the same amount on every bet. 3. Don't bet more than once a day. 4. Don't bet every day.
I prefer to give my opinion on number 4. Don't bet every day, because it relates to numbers 1, 2 and 3. And if all three are done every day when betting, there is no point and it is tantamount to addiction. Betting every day will make you very easily addicted, because it has become a routine that you will do every day no matter how much money you spend. And no matter how well you can do all three, if you bet every day it won't do any good.
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len01
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March 02, 2024, 05:26:44 AM Last edit: March 04, 2024, 03:37:58 PM by len01 |
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all your statements are correct and I support all the statements you wrote. but there are still many definitions that need to be explained here regarding sports betting, for example, a bettor can only take 10% of his earnings and the amount is only $20. for me, with a small budget, it would be better to try my luck by betting with a parlay bet, choosing several teams from each match to get odds of at least @5 then betting $1-$2 to get a decent win but still with the same bet amount as I did do now pick 5 games to get odds @5 or more and bet small amounts to try to get consistent wins.
in this way we can get better results but I am not giving any advice here just sharing the story and if a bettor more comfortable with single bets and betting small amounts that not a problem but for me betting small amounts on single bets little unsatisfying and more enjoyable when winning on parlay bets which provide a different sensation.
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OceanBit
Newbie
Offline
Activity: 56
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March 02, 2024, 08:15:06 AM |
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1. Don't bet all your money on one bet.
I completely agree with this statement. Spreading bets on multiple events reduces the risk of losing your entire budget. 2. Bet the same amount on every bet.
I partially agree with this statement. Keeping bets consistent can help manage your budget. Although, adjusting bets based on your perceived probability outcome can lead to more potential winnings. 3. Don't bet more than once a day.
I disagree with this one because limiting number of bets per day isn't inherently a responsible gambling. Focus on setting budget, stick to it regardless of the number of bets placed within that budget. 4. Don't bet every day.
I partially agree on this one. Taking breaks is helpful to prevent gambling issues/problems. Occasionally gambling daily within a set budget can be a personal choice, as long as it does not impact your life or finances.
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Rockstarguy
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March 02, 2024, 08:36:48 AM |
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1. Don't bet all your money on one bet. 2. Bet the same amount on every bet. 3. Don't bet more than once a day. 4. Don't bet every day.
This are good decisions to make on gambling, atleast it will help to reduce the risk of losing much in gambling. The worse thing a gambler can do is not having any rules on how Gambling should be played but just plays to satisfy his urge. All these decisions you stated up here are not bad and it will make a good impact in the life of gamblers. Taking all these decisions it is important gamblers should also consider not to play with amount yhsy can't be afford to lose, because people can still choose all this above decisions and play with a huge amount expecting to win. Once a gambler is able to play with amount he can afford to lose it is a big win .
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qwertyup23
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March 02, 2024, 08:54:51 AM |
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These are the general guidelines that everyone should be aware about every time they want to engage in a gambling activity. These guidelines provide a glimpse and a fundamental background which can introduce you to the gambling environment. Having these guidelines memorized and faithfully followed would most likely help you in avoiding any excess expenditure on your part as a gambler. Though that may be the case, the only way to fully understand these is for you to personally try it for yourself. all your statements are correct and I support all the statements you wrote. but there are still many definitions that need to be explained here regarding sports betting, for example, a bettor can only take 10% of his earnings and the amount is only $20. for me, with a small budget, it would be better to try my luck by betting with a parlay bet, choosing several teams from each match to get odds of at least @5 then betting $1-$2 to get a decent win but still with the same bet amount as I did do now pick 5 games to get odds @5 or more and bet small amounts to try to get consistent wins.
in this way we can get better results but I am not giving any advice here just sharing the story and if a bettor is more comfortable with single bets and betting small amounts that is not a problem but for me betting small amounts on single bets a little unsatisfying and more enjoyable when winning on parlay bets which provide a different sensation.
Like what you mentioned, these statements are just the general guidelines that a gambler must follow before they engage into this activity. Obviously, this does not explain the specifics of each gambling activity (e.g. sports betting techniques, etc.) but a framework that everyone should adhere to.
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adultcrypto
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March 02, 2024, 08:56:20 AM |
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I want to believe that we all agree that our betting budget should be within 5% -10% of our monthly income as responsible gamblers. However, our perspective on sports betting differs. Look at the gambling sentences and indicate which of the statements you agree or disagree with. You could also write a brief explanation for your standpoint
1. Don't bet all your money on one bet. 2. Bet the same amount on every bet. 3. Don't bet more than once a day. 4. Don't bet every day.
I agree with 1 and 4 and not with 2 and 3. My reason is that first, betting all money in one bet is the a high risk that breads nothing but pain. It means when you lose everything, you will have to deposit again to be able to gamble, this is not good because risk management is zero in such situation. Number 2 is not for me because the amount to bet should depend on how convince I am that the game will work. Betting once a day is not a guarantee that risk management is in place. Instead of this, one can set limit on the amount to use for gambling per day. Finally number 4 is right for me because it is not everyday that one will see the type of games he love to bet on.
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Solosanz
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March 02, 2024, 09:13:26 AM |
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1. Don't bet all your money on one bet.
Agree, what's the point of gamble for few seconds? 2. Bet the same amount on every bet.
Disagree, there are no rules with how much amount you need to place a bet. 3. Don't bet more than once a day.
Disagree, same like above, there are no rules. 4. Don't bet every day.
Disagree, you can gamble everyday without any problem. You might argue it's impossible because we need to work, so gamble everyday will cause a problem with our days. Well it's not wrong, but if you're a billionaire and you have many autopilot business, what's the problem?
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Assface16678
Full Member
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March 02, 2024, 09:15:53 AM |
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I want to believe that we all agree that our betting budget should be within 5% -10% of our monthly income as responsible gamblers. However, our perspective on sports betting differs. Look at the gambling sentences and indicate which of the statements you agree or disagree with. You could also write a brief explanation for your standpoint
1. Don't bet all your money on one bet. 2. Bet the same amount on every bet. 3. Don't bet more than once a day. 4. Don't bet every day.
In all of the items listed in your statement, I only agree with numbers 1 and 4. The thing is, it is true that you should not bet all the funds you have in one bet because it means you only have two choices: lose it all or double it. It is a super high-risk way of betting, and in "don't bet every day," I agree with this because not every day you are in a good condition to bet in a sports game or anything that you can bet on, and not every day you are familiar with the team you will bet on. Number 2 is unrealistic because, of course, every bet you make doesn't have the same amount to bet on, and number 3 is also unrealistic because I'm sure most of the bettor can't fight the urge to bet on consecutive days, especially if the team or sports that they bet on are going to happen in consecutive days as well.
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CryptSafe
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March 02, 2024, 09:42:45 AM |
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I want to believe that we all agree that our betting budget should be within 5% -10% of our monthly income as responsible gamblers. However, our perspective on sports betting differs. Look at the gambling sentences and indicate which of the statements you agree or disagree with. You could also write a brief explanation for your standpoint
1. Don't bet all your money on one bet. 2. Bet the same amount on every bet. 3. Don't bet more than once a day. 4. Don't bet every day.
At first, just as you have said, the people's gambling perspective differs, I agree to that and I would say something about the gambling budget. I think the percentage you mentioned is far too high and not everyone would be comfortable to put up with such. Although, there are still some gamblers that can afford that and it is their own convenient to do so. Secondly, from your itemized list, I would go with number 1 reason being that as a gambler, although it is good to have it at the back of your mind that you are just gambling for fun and not being bothered by the outcome but as a human one would also have it in mind to win a game so in that case, while gambling, if you can, you can spread your gamble across all boards so the probability of you winning and losing is minuit and of no effect on your gambling . This could save you some stress and possibly your capital could be recovered from any bet that clicks for you if majority of the bets does not enter a win win for your games.
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danherbias07
Legendary
Online
Activity: 3234
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Leading Crypto Sports Betting & Casino Platform
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March 02, 2024, 10:06:09 AM |
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1. Don't bet all your money on one bet.
I don't agree with this, there will always be a tomorrow and we might as well still have some budget for that. 2. Bet the same amount on every bet.
Depends on how sure you are with your bet. Just like today, I saw a chance to win with the over the total score and I increased my bet because I was so sure I could hit it. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2024%2F03%2F02%2FyuA1H.png&t=665&c=8W7mQJjLMnObNA) I saw an opportunity so I grabbed it and I knew my chances were high that's why I made a higher bet but still not everything in my balance. 3. Don't bet more than once a day.
In sports betting that's what I do. I bet only on the games that I know about and when it's done, I won't look for any games that I have no idea about just to chase my losses. As I said in the first question, there will always be a tomorrow. 4. Don't bet every day.
In the case of where I bet, the games are happening every day. (most of the time unless there is an event or in hiatus.) So this is a question that will depend on the sports that we love or we have knowledge about. Unlike MMA and Boxing where events happen weekly, there are other sports that happen every day.
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coin-investor
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March 02, 2024, 10:07:09 AM |
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I want to believe that we all agree that our betting budget should be within 5% -10% of our monthly income as responsible gamblers. However, our perspective on sports betting differs. Look at the gambling sentences and indicate which of the statements you agree or disagree with. You could also write a brief explanation for your standpoint. There's no such thing as a perfect responsible gambler, there will be a point when you will break one or two rules that you set up, the most important thing is you don't do this often, and when goes astray you will try to be back following the rules you set up, I don't know if anyone here can perfectly follow the points that you laid out. 1. Don't bet all your money on one bet, Unless you are 100% sure that you're going to bet it's not recommended that you bet all your money on one bet, if you do this and you lose your bet you will be tempted to deposit again and eventually bet more than what you can afford to lose, manage your bankroll effectively, you cannot enjoy the game if you bet all your money in one go 2. Bet the same amount on every bet. I don't think you can follow this, each session or roll is different from all the other bets, this is why gambling is very attractive to risk-takers because every roll is a mystery and we don't know what to expect. 3. Don't bet more than once a day. It's easy to follow if you're a responsible gambler gambling is not your past time and you set up a schedule that you want to be followed strictly
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Kelward
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March 02, 2024, 10:18:13 AM |
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1. Don't bet all your money on one bet. 2. Bet the same amount on every bet. 3. Don't bet more than once a day. 4. Don't bet every day.
These four options that you stated are subjective to individual gamblers preferences, one can be a no-go area for me and it'd be the best option for another gambler, so it depends on what works for every gambler. I'm not an active gambler, so options 2 and 4 will be more suitable for me, bet the same amount on every game, based on my budget and it's not necessary for me to bet everyday, as a past time gambler. A devoted gambler can merge the four options, he'll just need to alternate them, by choosing any strategy that seems right at a perticular time, it's ok inasmuch as he's gambling responsibly.
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piebeyb
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March 02, 2024, 10:19:56 AM |
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4. Don't bet every day.
Of the four I am more interested in agreeing with this one, every gambler must be able to limit their gambling budget and time, no matter how much money they have to be able to gamble every day, if possible, don't ever try to gamble every day because as normal humans we You need to divide your time between your family and work. The point is, don't spend time gambling every day so that you forget about your family and also earn money by working. it will never be good in the end. I once saw my neighbor, he felt he had become a gambling addict so every day he just gambled and made money by pretending to be a beggar. Apart from that, he had also been abandoned by his family because before he became an abnormal person he was a good person who always shared his time. His family also often had fun with his friends, but after he became a heavy gambler he forgot about his family and never even cared, so in the end his family left him alone to become an addict, because it was difficult for him to stop because his addiction was quite severe.
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Trade on the go. Anywhere, anytime.
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khiholangkang
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March 02, 2024, 10:26:06 AM |
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I want to believe that we all agree that our betting budget should be within 5% -10% of our monthly income as responsible gamblers. However, our perspective on sports betting differs. Look at the gambling sentences and indicate which of the statements you agree or disagree with. You could also write a brief explanation for your standpoint
1. Don't bet all your money on one bet. 2. Bet the same amount on every bet. 3. Don't bet more than once a day. 4. Don't bet every day.
I don't think it's that simple, the 3 points you mentioned can be tentative and or at will, without having to have a specific schedule to organize them. I only agree with the first point, because that will be the basic rule of how we can gamble responsibly, and you will earn a good living in a month or until you get your income back, but that's my personal view, maybe other people's views are different, it's just that I think it's too much, so you have to determine a schedule and how many times to gamble.
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Hypnosis00
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March 02, 2024, 10:38:20 AM |
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1. Don't bet all your money on one bet.
I agree with this statement. Unless we don't want to stay long in gambling. Besides, we want to enjoy gambling so there is no need to spend all our money in an instant. 2. Bet the same amount on every bet. 3. Don't bet more than once a day. 4. Don't bet every day.
These are the opposite of #1. But I agree with #4 the most because this will prevent us from getting into addiction. In general, it was all about self-control and financial management. Let us think that we are gambling for fun, not because we are working in this to make money. The more we spend money and time on gambling, the more we lose, and it badly affects our mental health and even compromises our finances.
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passwordnow
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March 02, 2024, 10:40:19 AM |
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1. Don't bet all your money on one bet.
I will bet all of my money on any game that I want that I am sure that I have the edge to win with the team that I trust. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) 2. Bet the same amount on every bet.
We can bet any amount based on the bankroll and confidence that we have for each bet that we will do. If you want to make it a habit to bet for the same amount every game, no one will stop you for doing that as we're all free to do it. 3. Don't bet more than once a day.
What if it's like that you're following a lot of sports and they're scheduled to play on the same day? Being a die hard fan for all of those sports and also a gambler itself, why will you limit yourself to bet only once per day? If you are a fan, you'd definitely going to pick it up and bet as many as you can for that day with several sports that you follow because you know what's happening for each of those sports that you have been following. 4. Don't bet every day.
On this, I may agree. If you are an office person and you have a lot of things to do then bet every other day. But if your work is so close to your home, after a few minutes of walk or travel you're already there and have got a bunch of time to take a rest and browse, you'd definitely be able to bet everyday if you want to.
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freedomgo
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March 02, 2024, 10:48:40 AM |
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I think it's wrong to believe that we should only bet 5% to 10% of our monthly income. This percentage is considered as bankroll management. If you think of a monthly income, it implies not winning at all and incurring a certain monthly loss on average.
When you are gambling and set up a decent bankroll, that will give you the kind of thrill you are looking for. For example, if you have a monthly income of $1000 and apply 10% of your monthly income, that's only $100 a month, not an amount that could deliver excitement.
In my opinion, I would try to raise a bankroll of $500, and from there, I will manage it based on a percentage per bet. So, how can I manage to raise that? If I am earning $1000 per month, I could raise that bankroll in 3 months of working. I think it's not too big to be deducted from my salary, and then everything will be fun. My goal now is how to be profitable and grow my bankroll.
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rahmad2nd
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March 02, 2024, 10:51:53 AM |
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4. Don't bet every day.
This point, I often ignore point 4 in my betting sessions regarding sports, especially football. because, not all matches are worthy of being involved in betting. usually, I just follow the league schedule held every week. even so, from the many matches in various league events, I only chose a few of them. I mean, the point is that I have sorted and chosen based on match schedule references. that way, I have a time gap when involving options that will become choices later. even so, in the end the final research and analysis will take place when all the information is collected and the match will be held soon. Well, that's how short it is.
One thing that is interesting to me is the first point "Don't bet all your money on one bet." For me, this depends on how someone believes, trusts and knows the risks. To be honest, it's not uncommon for me to only bet on 1 single bet. especially, if these matches are crucial matches. I can honestly bet my entire starting bankroll on just one match. Likewise, when I get a winning session in the first single bet, after that I can double in the next match. if it's unlucky, it means I lost. however, if the results of the research and analysis match what happens in the field, well that means I win the double bet. after that, if it's enough, especially if there's nothing interesting and ideal for betting. OK, just end it, we can come back tomorrow or in the next few days anyway. the point is, we know every risk we have to accept. plus, realizing the limits of what we can afford. keep it simple, no need to worry about what we do in a gambling session. If you lose, you lose, if you win, consider yourself lucky and get a bonus.
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Ondekinecakabilirim
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March 02, 2024, 11:12:22 AM |
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I don't agree with the third proposition, because sometimes very good matches happen on the same day and even at the same time. I bet on the matches separately. Therefore, the third proposition is not suitable for me. But I agree with the first proposition. It's too risky to put all the money on one bet. I would never do that. I don't even buy Bitcoin with all my money. It's always good to leave some cash in the safe. It gives us a chance to take advantage of opportunities that come our way.
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Stepstowealth
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March 02, 2024, 12:16:15 PM |
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1. Don't bet all your money on one bet.
This one does not gain acceptance with well with me because I have seen some gamblers who have won big from gambling, and they increased the chances of them winning by betting only on one game, that is going all in on one game. If it is like sport betting, betting on football or some other kind of sport, a gambler may be able to win more easily from going all in on one game with a good odd than spreading their money and betting on many games trying to gather odds together.
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